A New Cell Phone Monopoly?
$27.5 Billion Could Make Verizon No. 1
Verizon's customer base could top 80 million
The deal, if completed, would elevate Verizon Wireless to the largest mobile operator in the U.S.
A Vodafone statement added: "There is no assurance that a transaction will be forthcoming."
The talks come just seven months after Alltel, the U.S.' fifth largest cell phone operator, was sold to TPG Capital and a unit of Goldman Sachs Group in a $ 27.5 billion leveraged buyout.